Jiutian Chemical Trims Loss in H2 2024

Trading View
2025.02.21 03:06
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Jiuitian Chemical's pre-tax loss for the second half of 2024 narrowed to 60.7 million yuan from 193.2 million yuan a year earlier. Loss per share fell to 0.0318 yuan from 0.0917 yuan a year prior, according to a Thursday filing with the Singapore Exchange. Revenue declined 12% year over year to 181.6 million yuan from 205.4 million yuan, as demand softened due to China's weakened economic recovery.

Jiuitian Chemical's pre-tax loss for the second half of 2024 narrowed to 60.7 million yuan from 193.2 million yuan a year earlier.

Loss per share fell to 0.0318 yuan from 0.0917 yuan a year prior, according to a Thursday filing with the Singapore Exchange.

Revenue declined 12% year over year to 181.6 million yuan from 205.4 million yuan, as demand softened due to China's weakened economic recovery.

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